Cambria Tax Aware ETF (NASDAQ:TAX) Short Interest Down 65.6% in February

Cambria Tax Aware ETF (NASDAQ:TAX) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,364 shares, a decrease of 65.6% from the January 29th total of 3,969 shares. Based on an average daily volume of 611 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 611 shares, the days-to-cover ratio is presently 2.2 days.

Cambria Tax Aware ETF Trading Up 0.4%

Shares of NASDAQ TAX opened at $29.08 on Friday. The stock’s 50-day moving average is $29.06 and its 200 day moving average is $28.25. The stock has a market cap of $24.14 million, a price-to-earnings ratio of 36.35 and a beta of 1.32. Cambria Tax Aware ETF has a 1-year low of $20.00 and a 1-year high of $29.66.

Cambria Tax Aware ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a $0.0979 dividend. The ex-dividend date was Tuesday, December 23rd. Cambria Tax Aware ETF’s payout ratio is presently 6.25%.

Hedge Funds Weigh In On Cambria Tax Aware ETF

A hedge fund recently bought a new stake in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. purchased a new position in Cambria Tax Aware ETF (NASDAQ:TAX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,589 shares of the company’s stock, valued at approximately $404,000. Sunbelt Securities Inc. owned about 1.38% of Cambria Tax Aware ETF as of its most recent SEC filing. Institutional investors and hedge funds own 49.01% of the company’s stock.

About Cambria Tax Aware ETF

The Cambria Tax Aware ETF (TAX) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US stocks with value and quality characteristics and low or no dividend yields. The fund aims to generate capital appreciation without distributing high dividend income or taxable gains. TAX was launched on Dec 18, 2024 and is issued by Cambria.